Financial Analyst at Abbott Laboratories

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

About Abbott

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

•        Career development with an international company where you can grow the career you dream of .

•        Free medical coverage for employees* via the Health Investment Plan (HIP) PPO

•        An excellent retirement savings plan with high employer contribution

•        Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

•        A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.

•        A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

Our location in Lake Bluff, Illinois, currently has an opportunity for a Financial Analyst to support Global Procurement Services.

The Financial Analyst provides FP&A (Financial Planning and Analysis) support to the Global Procurement Services organization. Oversees financial processes and activities and provides analytics to support strategic business decisions.

What You'll Work On:

• This position supports Global Procurement and reports to the Finance Director, Global Procurement.

• Support month-end close and LBE processes. Complete variance analysis and commentary for LBE and month end submissions.

• Develop forecasts and prepare supporting analytics for key budget items such as payroll and other key projects.

• Prepare analysis to help identify opportunities for savings.

• Identify risks and opportunities and work with leadership team to bring insights forward.

• Provide ad hoc analysis to support key projects or other related activities as required.

• Partner with the business to define, review and analyze projects. Assists with preparation and review of Requests for Capital Expenditure (RCEs).

• Assist with ad-hoc analysis and preparation of review materials for presentation to Global Procurement executive leadership

• Assist with analysis and preparation of materials for the annual Plan for presentation to Vice President, Global Procurement, Corporate Controller and CFO.

• Drive continuous improvements and simplifications in financial and business processes.

• Work both independently and in groups in a variety of situations requiring analytical and critical thinking skills.

Qualifications:

Required:

• Degree in Finance or Accounting.

• 2-4 years experience in financial planning, analysis and accounting.

• Strong analytical, problem solving, variance analysis skills, accuracy and attention to detail.

• Effective communication skills; ability to synthesize complex, technical issues and summarize with clarity.

• Ability to manage many competing priorities and execute in a pressurized environment.

Preferred:

• Proficient with financial modeling, systems, and other tools including Excel, Hyperion Essbase and SAP.

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal

The base pay for this position is $57,300.00 – $114,700.00. In specific locations, the pay range may vary from the range posted.